answersLogoWhite

0

What is a Liquidating Trust?

Updated: 9/16/2023
User Avatar

Wiki User

14y ago

Want this question answered?

Be notified when an answer is posted

Add your answer:

Earn +20 pts
Q: What is a Liquidating Trust?
Write your answer...
Submit
Still have questions?
magnify glass
imp
Related questions

"What are the ""rules"" regarding liquidating part of my 401K to invest in real estate"?

This link will provide all the answers you'll need regarding liquidating your 401k to invest in real estate, http://www.myrealestateira.com/


How does the trustee of an irrevocable trust disperse in kind assets to 3 beneficiaries?

ASSUMING that the trust calls for an EQUAL division among the three beneficiaries: Presumably the trust itself is going to contain instructions and specify how this is to be accomplished. If not, and the trust contains more than just an equally divisible amount of cash (i.e.: real property. stocks, bonds, etc) it will have to be valued in its entirety and then divided in as equal a manner as possible. This may involve liquidating all the intangible assets - turning the entire trust into cash and THEN equally dividing the proceeds of the liquidation action.


Why trade finance is attractive to banks?

low risk,profitable,self liquidating and can cross sell


The term permanent current assets implies?

some minimum level of current assets that ar not self-liquidating.


The concept of a self-liquidating asset implies that?

The concept of a self-liquidating asset implies that the asset generates enough income to cover the cost of acquiring it, allowing the investor to recoup their initial investment over time. This can be through rental income, dividends, or other forms of cash flow generated by the asset.


Is spiegel going out of business?

yes, it look like it is... the new owners have filed for chapter 11 protection and are liquidating. too bad. they will be missed.


What is the duty of impex assistant?

In the Philippines, the duties of an IMPEX assistant include assisting in all areas of logistics. It includes monitoring, purchasing, and liquidating items.


where can i find a used double restraunt sink freestanding?

I'd look out for restaurants that are going out of business and ask if they're liquidating their kitchen. Also, check Craigslist and eBay!


How do companies liquidate excess inventory that isn't selling?

Companies have several options when liquidating inventory. They can hold liquidation sales for the public. Or they can send their inventory to be auctioned by bulk.


What is a Trust Res?

The property owned by a trust is the trust res.The property owned by a trust is the trust res.The property owned by a trust is the trust res.The property owned by a trust is the trust res.


Did cost cutters close?

No. If you are talking about Cost Cutters stores (and not the hair cutting place). However, they are in the process of liquidating and closing. Most stores are offering 40-80% off at this time.


When does a trust become finished and not sueable?

When the trust has been terminated according to the provisions in the trust instrument and the trust property has been distributed to the trust beneficiaries.When the trust has been terminated according to the provisions in the trust instrument and the trust property has been distributed to the trust beneficiaries.When the trust has been terminated according to the provisions in the trust instrument and the trust property has been distributed to the trust beneficiaries.When the trust has been terminated according to the provisions in the trust instrument and the trust property has been distributed to the trust beneficiaries.